Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION MEA region barley buyers are looking more to French barley as supplies from the Black Sea are not available. Saudi Arabia and Iran are major barley buyers in France as are Tunisia and several African nations. Most of these destinations normally count on supply from Russian Black Sea/Azov Sea ports. Pakistan has passed on buying 120,000 MT of Russian wheat as they say that the price at $399.50 MT is too high in current market conditions. Pakistan has asked Russia to lower the price by about $10 MT to $390 MT. This purchase is through government-to-government negotiations. Morocco is looking at the possibility of importing both milling wheat and barley...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.